OORT secures new round of Microsoft funding and leverages OpenAI technology to enhance its AI capabilities

Decentralized AI and DePIN project OORT announced that after receiving funding from Microsoft last year, they have once again received funding from Microsoft. They also plan to strategically integrate storage and computing with Microsoft to enhance OORT’s storage and data processing capabilities. OORT stated that they will also receive support and integration from OpenAI, significantly enhancing their AI capabilities and providing more practical features for OORT’s data center products.


[New York, July 2, 2024] OORT, a pioneer in decentralized AI, and the decentralized physical infrastructure network (DePIN) have just achieved a major victory. Microsoft has once again awarded OORT the prize, a year after the initial award, demonstrating trust in the company’s innovative vision and technology. This collaboration goes beyond just funding. OORT will receive important support and integration from OpenAI, enabling them to enhance their AI capabilities and provide more practicality for OORT’s Datahub product. This means more powerful and scalable AI solutions can seamlessly integrate into OORT’s decentralized framework.
But the good news doesn’t stop there. OORT also plans to strategically integrate storage and computing with Microsoft, enhancing OORT’s storage and computing solutions. This will strengthen OORT’s storage and data processing capabilities, helping them meet the high standards required by institutional clients. OORT CEO Max Li said, “We are excited for the future support from Microsoft. This is a huge recognition of our work in the decentralized technology field. With the support of Microsoft and OpenAI, we are ready to elevate our solutions to a new level and provide greater value to our users.” This funding and the resulting partnership are crucial for OORT. With the company strengthening its technological infrastructure and expanding its market coverage, Microsoft’s support will not only enhance OORT’s technical capabilities but also further integrate OORT into a broader cloud ecosystem. OORT’s mission is to completely change the way data is stored, verified, and used in decentralized AI networks. With strategic support from Microsoft, they have the ability to lead the transformation of decentralized AI in the future. Stay tuned for more updates as OORT embarks on this exciting new chapter with Microsoft, driving the next wave of decentralized artificial intelligence development.
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